The new Ray White office in Ballarat had success with their first auction selling on Saturday. The renovated Victorian home at 418 Drummond Street North attracted a large crowd of around 80 people who watched auctioneer Trevor Booth take bids from three bidders who pushed the price up to $492,000 before it was passed in. Following negotiations straight after auction, the property was sold to the highest bidder for $495,500. Ray White Ballarat Auctioneer & Director Trevor Booth said that over 50 people had inspected the property in the lead up to the auction. The property was fully renovated and located within walking distance to Lake Wendouree and the CBD. Saturday’s auction was the first of nine upcoming auctions planned by Ray White.
Welcome to this month’s real time residential market insights, we’ve created this document to provide clarity to all our customers on what is happening in the market now. As Australasia’s largest real estate group, selling one in every nine homes across Australia, we are uniquely placed to provide our clients with the … Read more
Momentum continues to build across all Australasian property markets, as the collective efforts of our members delivered $6.1 billion in sales for February, up $2 billion or 49 per cent in February 2020. This is our best February result recorded, driven largely by a record result in NSW and very … Read more